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7851 Glencoe Dr, Huntington Beach, CA 92647
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7851 Glencoe Dr Huntington Beach, CA 92647

$4,250,000
  • 10 Beds
  • 6 Baths
  • 3,908 Sq.Ft.
For Sale
$4,250,000 Get Pre-Qualified
Map preview of 7851 Glencoe Dr, Huntington Beach, CA 92647

Property Overview: 7851 Glencoe Dr Huntington Beach, CA has 10 bedrooms, 6 bathrooms, 3,908 living square feet and 8,276 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This 6 unit building located in Huntington Beach is an excellent investment opportunity for those looking to expand their real estate portfolio. The building features a 6 car garage and 12 parking spaces, making it a convenient and attractive spot for potential renters. The location of the building is unbeatable, being within walking distance of two major plazas, Bella Terra Plaza and Pavilions Plaza. These plazas offer a wide range of shopping, dining, and entertainment options, making it very appealing to renters. The building's location and amenities guarantee steady income and appreciation in value over time. Huntington Beach is known for its beautiful weather and beaches, making it a popular destination for tourists and residents alike. With its proximity to major plazas and the beach, this building is sure to attract renters looking for a convenient and comfortable living experience.

Listed by Blanca Akimoto | BRE #02195463 | Splash Real Estate
Last checked: 7 minutes ago | Last updated: March 17th, 2024 | Source CRMLS | DOM: 158
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Home details

Lot Sq. Ft
8,276
HOA Dues
$0/mo
Year built
1978
Garage
6 Car
Property Type:
Apartment
Status
Active
MLS#
SB23211899
City
Huntington Beach
County
Orange
Time on Site
168 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,400
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,400
  • Total Rent: $2,700
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,980
  • Total Rent: $2,150
  • Pro Forma/Market Rent: $2,150
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,550
  • Total Rent: $2,050
  • Pro Forma/Market Rent: $2,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $136,800
  • Net Operating Income: $99,864
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $34,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 7851 Glencoe Dr

Interior Features
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Vinyl
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Wood
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 6
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: 6-10 Units/Acre, Front Yard, Garden
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 6
  • Parcel Number: 14210106
  • Year Built Source: Public Records
  • Entry Level: 2
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: None
  • Water Source: Private
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected
Location / Neighborhood
Location Information
  • Subdivision Name: Huntington North (HNOR)
  • Directions: Exit Beach Blvd pass Edinger st Glencoe st will be on your right.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Huntington Beach Agent

Sale History for 7851 Glencoe Dr

Last sold for $360,000 on July 28th, 1986

  • December, 2023

  • Dec 1, 2023

    Date

    Expired

    CRMLS: OC23095696

    $3,924,000

    Price

  • May 31, 2023

    Date

    Active

    CRMLS: OC23095696

    $2,975,000

    Price

  • Listing provided courtesy of CRMLS

    Six units. 4 are 2br 1 Bth, 2 units 1br. 1 Bth. Second Story with separate entry, could be owners residence, combining 2 Br 1 Bth and 1 br 1Bth to be 3 Br. 2bths. Has landing area between the two. Six one Car garages plus additional parking spaces. Garages aRE RENTED separately. Some units have patios and one has small yard. Upper units have balconies. Tenants pay Gas and Electricity. Owner pays Water/Trash and Insurance, gas for water heating and eterior lighting. Desirable location. Walking distance to shopping at Bella Terra Center which includes Restaurants and Theaters. East of Beach Bl. Another shopping district Featuring Noted stores, Target, Vons Giant store, Appliance store, and miscellanious shopping and restaurants. Elementry School around the block, apx. Quarter mile to 405 Fwy entrance. 4 Miles South on Beach Bl. to Paciific Ocean, Beaches, Pier and Main Street shops and active areas. Annual 4th of July Parade. WELCOME TO SURF CITY!!!!!

  • November, 2023

  • Nov 15, 2023

    Date

    Active

    CRMLS: SB23211899

    $4,250,000

    Price

  • May, 2023

  • May 9, 2023

    Date

    Expired

    CRMLS: PW22238337

    $2,975,000

    Price

  • Nov 8, 2022

    Date

    Active

    CRMLS: PW22238337

    $2,975,000

    Price

  • Listing provided courtesy of CRMLS

    A highly desirable 5 unit building which is currently configured as 6 units located in the coastal market of Huntington Beach. The property shows well with a freshly painted exterior. New water heater was just installed. The excellent unit mix consists of four 2 bedroom 1 bath and two 1 bedroom 1 bath. One of the 2 bedroom units and one of the 1 bedroom units were originally configured as a 3 bedroom 2 bath and can easily be converted back. Built in 1978. Six enclosed garages. The building is located just off Beach Blvd. near Target, Pavilions, Bella Terra Mall, and the 405 freeway. Drive down Beach Blvd. straight to the beach. Huge upside/value add opportunity to increase rents approx. 44%. Priced at a 4.57% cap rate on realistic projected market rents. Excellent value add 1031 exchange property in a great location. Expenses are estimated. Gross multiplier and cap rate are based on market rents. Laundry room on the premises is currently not being used - potential for more income for the buyer. SUBMIT ALL OFFERS!

  • July, 1986

  • Jul 28, 1986

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

Show More

Tax History for 7851 Glencoe Dr

Assessed Value (2020): $642,669
Year Land Value Improved Value Assessed Value
2020 $304,706 $337,963 $642,669

Home Value Compared to the Market

This property vs the competition

7851 Glencoe Dr is listed 214.81% higher than the median list price for the city of Huntington Beach which has a median list price of $1,350,000. The median price per/sqft for Huntington Beach is $775 and this home is listed at $1087.51 per/sqft which puts the price per square foot 40.32% higher than the median price per square foot for the city of Huntington Beach.

About 7851 Glencoe Dr

Detailed summary of property

7851 Glencoe Dr is a apartment located in Huntington Beach, CA 92647 and is currently for sale. This apartment offers 10 bedrooms, 6 bathrooms, roughly 3,908 living square feet, and sits on an approximately 8,276 square foot lot. 7851 Glencoe Dr was first listed on ArdentRealEstateGroup.com on November 16, 2023. The homeowner is currently asking $4,250,000. The median priced home in Huntington Beach is $1,350,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Huntington Beach Market Data, this home is listed 214.81% higher than the median priced home. Local competing homes currently for sale include 213 41st St, 410 Clubhouse Ave and 625-701 W Provential Dr. While the average home in Huntington Beach, CA is selling in 58 days, 7851 Glencoe Dr has a days on market of 158 days. There are currently 293 homes for sale in the Huntington Beach real estate market and 196 of them are single family homes while 66 of them are condos and 31 are townhomes. For more information on this home for sale at 7851 Glencoe Dr Huntington Beach, CA 92647 contact Ardent Real Estate Group and we will put you in touch with one of our Huntington Beach agents.

Public Facts for 7851 Glencoe Dr

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
3,910
Lot Size
7,889
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Orange
Lot#
6
APN
142-101-06

The source for these homes facts are from public records.

92647 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,145,000
Median List Price/Sq.Ft.
$719
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$776
Total Inventory
50
Median Sale to List Price %
100.01%
Avg Days on Market
10
Loan Type
Conventional (37.93%), FHA (0%), VA (3.45%), Cash (20.69%), Other (37.93%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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